Timeliness and good weather can be very important when baling hay, especially if you are taking vacation time off from a full time job to farm and you have damp weather. A 122 HP 1170 on a big roundbaler would allow you to put up a lot of hay in an afternoon. It would also have the hp, hydraulics and 540/1000 PTO to handle a large discmower in the future. Drive the tractor, see if you like the visibily, clutch sensitivity, shifters, speed selections and the noise level. Shift on-the-go would be handy for baling, but the clutch on one Case 1070 Powershift I drove was a little jumpy when backing wagons and the hitch visibilty was not great.
I wouldn't worry too much about the tillage, that would be more forgiving for time compared to baling. A 1070 comfortably handled an 18 foot finishing disk in plowed ground. A 1170 should be fine with a 20 foot disk and cover 10 acres an hour. A light disk with worn 20 inch blades may need to have the wings folded up to get enough weight on the blades to cut deep into sod.
1170's were only built for one year in 1970? Price depends a lot on the loader. If it's in good condition and a quick attach that can be removed/installed in 10 minutes it could be worth $2000 or more. With a nice loader $2000, snap-on duals $250-$500, and working air conditioning $500 you're looking at less then $4000 for a 120hp tractor with a decent cab.
The Nebraska Tractor Tests are a good source of information on older tractors www.tractortestlab.unl.edu . You may have to purchase the older reports online. They are detailed with: efficency tests in all the field speeds; and several pages of small print include hp, efficiency at reduced engine rpm, gear speeds, and a good description.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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